Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post

Fundamental Analysis of Bajaj Electricals Ltd

About the Company - Bajaj Electricals Ltd

Bajaj Electricals Ltd. is a Public Limited Listed company incorporated on 14/07/1938 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L31500MH1938PLC009887 and registration number is 009887. Currently Company is involved in the business activities of Manufacture of other pumps, compressors, taps and valves. Company’s Total Operating Revenue is Rs. 4770.35 Cr. and Equity Capital is Rs. 22.97 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Domestic Appliances45/47, Veer Nariman Road, Mumbai Maharashtra 400001legal@bajajelectricals.com
http://www.bajajelectricals.com
Management
NamePosition Held
Mr. Shekhar BajajChairman
Mr. Anuj PoddarManaging Director & CEO
Mrs. Pooja BajajNon Executive Director
Mr. Rajiv BajajNon Executive Director
Mr. Madhur BajajNon Executive Director
Mr. Shailesh HaribhaktiIndependent Director
Mr. Harsh Vardhan GoenkaIndependent Director
Dr.(Mrs.) Indu ShahaniIndependent Director
Dr. Rajendra Prasad SinghIndependent Director
Mr. Munish KhetrapalIndependent Director
Mr. Sudarshan SampathkumarIndependent Director

Bajaj Electricals Ltd. Share Price Update

Share PriceValue
Today₹1,021.95
Previous Day₹1,019.05

Basic Stock Data of Bajaj Electricals Ltd

Market Cap 11,717 Cr.
Current Price 1,018
High / Low1,223/884
Stock P/E57.5
Book Value 123
Dividend Yield0.40 %
ROCE18.5 %
ROE12.2 %
Face Value 2.00

Bajaj Electricals Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales1,2141,4971,2548531,2971,3121,3271,1241,2201,4831,2921,1121,113
Expenses1,1111,3491,1838461,2051,2201,2641,0511,1271,3831,1951,0431,055
Operating Profit1031487279292637394100986958
OPM %8%10%6%1%7%7%5%6%8%7%8%6%5%
Other Income1023291321101992019222328
Interest2216111519161071017121214
Depreciation18181614151616151818212126
Profit before tax7413674-9797056608685865946
Tax %27%26%24%26%21%26%24%26%26%26%32%27%27%
Net Profit5410156-6625242446463594333
EPS in Rs4.748.814.89-0.565.404.493.663.875.565.525.103.762.91

Bajaj Electricals Ltd Quarterly Chart

Bajaj Electricals Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales3,0773,3514,0024,2324,5904,2544,6976,6564,9754,5724,7865,4185,000
Expenses2,8403,2393,9204,1434,3264,0114,4036,3084,7684,2714,5355,0604,675
Operating Profit2371128288264243293348207302251358325
OPM %8%3%2%2%6%6%6%5%4%7%5%7%7%
Other Income144115244836-36655384598391
Interest636978104108805911616976694854
Depreciation13142529273034386869637586
Profit before tax17669-6-2117716816425922241179318277
Tax %33%26%11%33%38%36%49%36%101%24%23%27%
Net Profit11851-5-1411010884167-0184137231199
EPS in Rs10.664.62-0.48-1.259.859.577.3914.69-0.0116.0411.9120.0317.29
Dividend Payout %24%39%-282%-108%26%26%43%21%-0%-0%25%20%

Bajaj Electricals Ltd Profit & Loss Yearly Chart

Bajaj Electricals Ltd Growth

Compounded Sales Growth
10 Years::5%
5 Years::3%
3 Years::3%
TTM::0%

Bajaj Electricals Ltd Growth

Compounded Profit Growth
10 Years::20%
5 Years::14%
3 Years::1103%
TTM::-4%

Bajaj Electricals Ltd Growth

Stock Price CAGR
10 Years::20%
5 Years::19%
3 Years::21%
1 Year::-1%

Bajaj Electricals Ltd Growth

Return on Equity
10 Years::9%
5 Years::9%
3 Years::10%
Last Year::12%

Bajaj Electricals Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital20202020202020202323232323
Reserves6807096906677368519241,0571,3571,5821,7221,9381,390
Borrowings2091663484088996477231,5821,07954182101203
Other Liabilities1,0431,2631,6271,7271,3051,5691,8052,5002,1002,1052,1752,6522,223
Total Liabilities1,9522,1572,6852,8222,9603,0873,4735,1604,5594,2504,0024,7153,838
Fixed Assets184226249278276310316322404461685753814
CWIP3633218691118434272
Investments44306759808014515338499149
Other Assets1,7211,8952,3662,4822,5832,6883,1364,7784,0913,7343,2253,8292,903
Total Assets1,9522,1572,6852,8222,9603,0873,4735,1604,5594,2504,0024,7153,838

Bajaj Electricals Ltd Reserves and Borrowings Chart

Bajaj Electricals Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 76141-7121305437-103-602627660931450
Cash from Investing Activity -68-0-76-83-53-9036-127-46-110-86-99
Cash from Financing Activity -2-14487-56-239-36864718-491-605-772-129
Net Cash Flow6-44-1913-22-3-1190-5673222

Bajaj Electricals Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days10910211311111211513614415012187100
Inventory Days566057586076686476118109103
Days Payable13113915214266841008599115136153
Cash Conversion Cycle352317271061071041231271245950
Working Capital Days432820196041718569672931
ROCE %29%13%7%8%21%16%20%17%7%12%13%18%

Bajaj Electricals Ltd Financial Efficiency Indicators Chart

Bajaj Electricals Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters63.22%63.16%63.10%63.05%63.01%62.98%62.96%62.91%62.89%62.86%62.85%62.85%
FIIs10.92%12.42%12.03%12.86%11.75%10.64%10.51%10.81%11.26%11.22%10.92%10.49%
DIIs11.88%10.47%11.29%11.05%11.61%12.04%12.41%12.30%12.23%12.39%11.96%12.06%
Public13.98%13.95%13.57%13.04%13.64%14.35%14.12%13.98%13.62%13.51%14.26%14.60%
No. of Shareholders40,42151,19458,71353,70066,82571,89772,57370,31966,01863,05960,38963,101

Bajaj Electricals Ltd Shareholding Pattern Chart

No. of Bajaj Electricals Ltd Shareholders

Bajaj Electricals Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
HDFC Small Cap Fund - Regular Plan55825402.46569.67
Nippon India Small Cap Fund30620710.84312.47
ICICI Prudential Multicap Fund6930150.8170.72
Mahindra Manulife Small Cap Fund2961811.3530.22
Baroda BNP Paribas Flexi Cap Fund1438001.2414.67
Mahindra Manulife Flexi Cap Fund1370231.3713.98
HDFC Capital Builder Value Fund - Regular Plan885710.169.04
Aditya Birla Sun Life Special Opportunities Fund863101.398.81
LIC MF Multi Cap Fund754681.137.7
LIC MF ULIS 10 Yrs Regular Premium Reducing cover618541.416.31

Bajaj Electricals Ltd ROCE Trend

Bajaj Electricals Ltd EPS Trend

Bajaj Electricals Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)18.8010.8516.54-0.9915.02
Diluted EPS (Rs.)18.7710.8116.49-0.9914.98
Cash EPS (Rs.)25.8916.8623.065.8219.52
Book Value[Excl.RevalReserv]/Share (Rs.)165.74148.44140.10118.51103.11
Book Value[Incl.RevalReserv]/Share (Rs.)165.74148.44140.10118.51103.11
Revenue From Operations / Share (Rs.)471.80418.98400.27438.37652.29
PBDIT / Share (Rs.)37.6727.7232.5122.3739.56
PBIT / Share (Rs.)30.5721.7025.9515.8935.26
PBT / Share (Rs.)26.3714.4821.500.8723.78
Net Profit / Share (Rs.)18.7910.8316.50-0.6515.23
NP After MI And SOA / Share (Rs.)18.7911.1916.64-0.8115.27
PBDIT Margin (%)7.986.618.125.106.06
PBIT Margin (%)6.475.176.483.625.40
PBT Margin (%)5.583.455.370.203.64
Net Profit Margin (%)3.982.584.12-0.142.33
NP After MI And SOA Margin (%)3.982.674.15-0.182.34
Return on Networth / Equity (%)11.337.4211.87-0.6814.81
Return on Capital Employeed (%)17.0713.5917.0711.2526.53
Return On Assets (%)4.623.214.48-0.203.01
Long Term Debt / Equity (X)0.000.010.010.050.20
Total Debt / Equity (X)0.000.020.160.551.50
Asset Turnover Ratio (%)1.241.151.041.021.55
Current Ratio (X)1.301.211.181.111.05
Quick Ratio (X)0.890.740.780.870.82
Inventory Turnover Ratio (X)0.500.410.350.400.67
Dividend Payout Ratio (NP) (%)15.940.000.000.0022.85
Dividend Payout Ratio (CP) (%)11.570.000.000.0017.84
Earning Retention Ratio (%)84.060.000.000.0077.15
Cash Earning Retention Ratio (%)88.430.000.000.0082.16
Interest Coverage Ratio (%)8.964.574.871.493.44
Interest Coverage Ratio (Post Tax) (%)5.472.973.140.952.33
Enterprise Value (Cr.)11736.7812224.9911392.023680.347291.52
EV / Net Operating Revenue (X)2.162.542.480.731.09
EV / EBITDA (X)27.0738.3830.5914.4618.00
MarketCap / Net Operating Revenue (X)2.232.572.440.610.85
Retention Ratios (%)84.050.000.000.0077.14
Price / BV (X)6.357.136.982.265.42
Price / Net Operating Revenue (X)2.232.572.440.610.85
EarningsYield0.010.010.010.000.02

Bajaj Electricals Ltd Profitability Ratios (%)

Bajaj Electricals Ltd Liquidity Ratios

Bajaj Electricals Ltd Liquidity Ratios (%)

Bajaj Electricals Ltd Interest Coverage Ratios (%)

Bajaj Electricals Ltd Valuation Ratios

Fair Value of Bajaj Electricals Ltd Stock

Fair Value: ₹866.30

The stock is overvalued by 14.90% compared to the current price ₹1018

*Investments are subject to market risks

Strength and Weakness of Bajaj Electricals Ltd Stock

StrengthWeakness

The company has higher reserves compared to borrowings, indicating strong financial stability.

The company has shown consistent growth in sales and profit over the years.

The stock has a low average ROCE, which may not be favorable.

The stock has a high average Working Capital Days, which may not be favorable.

The stock has a high average Cash Conversion Cycle, which may not be favorable.

More Stocks